Magna International named its new chairman Thursday, and he’s no trophy director. William L. Young is the co-founder of a relatively small private-equity firm, sits on a number of boards — Barnyard Industries among them — and has been with Magna for only a year.

The Ontario Teachers’ Pension Plan says it will vote against the re-election of several directors at Magna International Inc., including its founder, Frank Stronach, at the company’s annual general meeting Thursday and has taken aim at the company’s executive compensation program

Mike Harris, the former premier of Ontario, said Friday he would be stepping down as chairman of Magna International Inc. — just one year after his appointment — along with two other controversial company directors

It didn’t take long for the country’s news pages and social media circles to be abuzz with predominantly negative reaction to the latest report from socially oriented think tank, the Canadian Centre for Policy Alternatives (CCPA) Tuesday morning. The Ottawa-based organization revealed Canada’s top 100 CEOs had seen a salary spike of 27% in 2011 […]